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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (28802)2/8/2002 5:02:08 PM
From: t2  Read Replies (2) of 99280
 
SAN Suckers will get slaughtered due to pro forma accounting tricks and games

Softechie, You think it might be time to throw in the towel on these names; they just don't drop much. Note that even QCOM rebounded a bit today after the accounting issues were raised..these types of concerns seem to be having a lessor effect now compared to only a week ago.

Unlike telecommunication, storage may still be an area of growth...need to store more and more data. The street may just buy that story for now. Might be better off coming back later as the market has already sold off quite a bit.

Of course, if the general downtrend is going to continue, maybe you will get your wish but it may not be stock specific. I am looking for a bounce right here, BWDIK.

jmho.
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